Why is Oswal Yarns falling/rising?

Jun 23 2025 09:55 PM IST
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As of 23-Jun, Oswal Yarns Ltd's stock price is Rs 33.43, down 4.89%, with a significant decline of 13.28% over the past week and 20.39% over the past month. The stock is underperforming compared to the Sensex, which has gained 0.12% in the same period, and is trading below all major moving averages, indicating a bearish trend.
As of 23-Jun, Oswal Yarns Ltd's stock price is currently at Rs 33.43, reflecting a decline of Rs 1.72 or 4.89%. The stock has been underperforming, having lost 13.28% over the past week and 20.39% over the past month. It has also experienced a consecutive fall for the last three days, with a total decline of 13.17% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. While there has been a notable increase in investor participation, with delivery volume rising by 207.24% against the 5-day average, the overall sentiment remains negative, contributing to the stock's downward movement. There are no positive or negative factors available to further explain the recent price changes.

In the broader market context, Oswal Yarns' performance has significantly lagged behind the benchmark Sensex, which has shown a slight increase of 0.12% over the past week. The stock's year-to-date decline of 33.27% starkly contrasts with the Sensex's gain of 4.81%, highlighting the stock's struggles relative to the overall market. This underperformance is further emphasized by the stock's inability to recover in the short term, as it continues to trend downward while the benchmark remains stable.
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